Mgx Minerals Stock Performance
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and MGX Minerals are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days MGX Minerals has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable primary indicators, MGX Minerals is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 158.5 K | |
| Total Cashflows From Investing Activities | 1.6 M | |
| Free Cash Flow | -1.2 M |
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MGX Minerals Relative Risk vs. Return Landscape
If you would invest 0.00 in MGX Minerals on September 12, 2024 and sell it today you would earn a total of 0.00 from holding MGX Minerals or generate 0.0% return on investment over 90 days. MGX Minerals is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than MGX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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MGX Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MGX Minerals' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as MGX Minerals, and traders can use it to determine the average amount a MGX Minerals' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average MGX Minerals is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MGX Minerals by adding MGX Minerals to a well-diversified portfolio.
MGX Minerals Fundamentals Growth
MGX Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of MGX Minerals, and MGX Minerals fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MGX Pink Sheet performance.
| Return On Equity | -4.08 | |||
| Return On Asset | -0.15 | |||
| Current Valuation | 7.48 M | |||
| Shares Outstanding | 156.64 M | |||
| Price To Earning | (6.41) X | |||
| Price To Book | 1.40 X | |||
| EBITDA | (24.75 M) | |||
| Cash And Equivalents | 12.78 K | |||
| Total Debt | 2.98 M | |||
| Debt To Equity | 0.05 % | |||
| Book Value Per Share | (0.04) X | |||
| Cash Flow From Operations | (1.14 M) | |||
| Earnings Per Share | (0.09) X | |||
| Total Asset | 12.11 M | |||
About MGX Minerals Performance
By analyzing MGX Minerals' fundamental ratios, stakeholders can gain valuable insights into MGX Minerals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MGX Minerals has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if MGX Minerals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MGX Minerals Inc. engages in the acquisition, exploration, and development of mineral resource properties and industrial technologies. In addition, it owns, operates, and sells water treatment systems to the oil and gas industry and owns lithium extraction technology from brine, which eliminates the need for solar evaporation. Mgx Minerals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about MGX Minerals performance evaluation
Checking the ongoing alerts about MGX Minerals for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for MGX Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MGX Minerals generated a negative expected return over the last 90 days | |
| MGX Minerals has some characteristics of a very speculative penny stock | |
| MGX Minerals has a very high chance of going through financial distress in the upcoming years | |
| MGX Minerals has accumulated 2.98 M in total debt with debt to equity ratio (D/E) of 0.05, which may suggest the company is not taking enough advantage from borrowing. MGX Minerals has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MGX Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, MGX Minerals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MGX Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MGX to invest in growth at high rates of return. When we think about MGX Minerals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (23.96 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| MGX Minerals has accumulated about 12.78 K in cash with (1.14 M) of positive cash flow from operations. |
- Analyzing MGX Minerals' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MGX Minerals' stock is overvalued or undervalued compared to its peers.
- Examining MGX Minerals' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MGX Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of MGX Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MGX Minerals' pink sheet. These opinions can provide insight into MGX Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for MGX Pink Sheet analysis
When running MGX Minerals' price analysis, check to measure MGX Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MGX Minerals is operating at the current time. Most of MGX Minerals' value examination focuses on studying past and present price action to predict the probability of MGX Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGX Minerals' price. Additionally, you may evaluate how the addition of MGX Minerals to your portfolios can decrease your overall portfolio volatility.
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